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Pending · Residential Income

315 12th Avenue E, Seattle, WA 98102

Seattle, WA 98102

$1,795,000

— bedrooms · — bathrooms · 0 sq ft

Listing provided by Skyline Properties, Inc. · MLS #2505422 · Pending

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About this property

Turnkey North Capitol Hill 6 Plex Investment in the heart of a Vibrant Community. This well-maintained property features 6 spacious corner units w/views of the Space Needle, DT Seattle & Olympic Mountains. 6 units w/1-bed, 1-bath + den/bedroom, large living rooms/dining areas, full kitchens, hardwood floors throughout & secure entry with lobby. This building includes a 12-car parking lot for tenants & income. The lot has a high value with MR-M1 MID-RISE Zoning. Common laundry area in the large daylight basement & may offer the opportunity to add 2 additional 1-bed units for additional income. Prime location minutes to DT Seattle, Tech Companies, Amazon, Microsoft, Google, Apple, Meta. Near Broadway, Whole Foods, Costco, Pike Place Market, hospitals, parks, major bus lines, I-5, I-90, & Hwy 99. Walk Score 98 & 3 blocks to Light Rail. A character-rich asset in one of Seattle’s strongest rental markets. Solid cash-flowing property for Investors & 1031 Exchange. Future development potential with MR-M1 MID-RISE Zoning. Google MR-M1 Zoning. Tax assessed at $2,398,000 - The lot has a high value with the MR-M1 MID-RISE Zoning. Possible Owner Financing.

Property details

Property type
Multi Family
Year built
1928
Lot size
5,994 sq ft
Association dues
$0 · frequency not provided
Annual property tax
$25,179 (2026)
Parking spaces
12
School district
Seattle
Northwest MLSMLS GRID

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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Enrique Pelayo Jr., designated broker at The Broker Team in Edmonds, WA

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